AVM to Disrupt Commercial Electric Vehicle Market at ACT Expo 2018 Debut

First All-Electric Shuttle to Charge Fully in Less than Ten Minutes

LOS ANGELES–(BUSINESS WIRE)–At the upcoming Advanced
Clean Expo (ACT) Expo 2018
from April 30 to May 3 in Long Beach,
California, AVM
(Advanced Vehicle Manufacturing) will be unveiling the first vehicle in
its line of all-electric, mid-size shuttle buses, the EV27. In
about the same time it takes to fill up a gas tank, AVMÔÇÖs 100% electric,
low-floor EV27 shuttle is fully charged and ready to go, maximizing
on-duty time. Also available in 21 and 33 foot lengths, AVMÔÇÖs EV27 is
ideal for loop-based routes supporting corporate and school campuses,
hotels and rental car facilities, airports, and affording ÔÇ£first/last
mileÔÇØ solutions to private communities.


AVMÔÇÖs exclusive joint venture is powered by Yinlong Energy, one of the
worldÔÇÖs leading energy manufacturers and innovators. AVM shuttles are
powered by YinlongÔÇÖs proprietary lithiumÔÇôtitanate battery (LTO)
technology. An extremely safe and long-lasting lithium-based technology,
LTO cells can endure more than 20,000 cycles, ensuring the batteriesÔÇÖ
lifespan exceeds that of the vehicle. This robust and proven technology
takes full advantage of AVMÔÇÖs 350 kW CCS 2.0 high-powered charger,
enabling the EV27ÔÇÖs rapid charge time.

Having a vehicle charge fully in less than ten minutes not only
maximizes the total time in service for operators, but also eliminates
the range anxiety often associated with electric vehicles. While most
routes serviced by mid-size shuttles accommodate ten-minute breaks every
three to four hours, the EV27, when coupled with AVMÔÇÖs 350 kW CCS
2.0 charger, has effectively unlimited range under those conditions.
Needing only ten minutes every few hours reduces the number of chargers
required compared to an overnight or multiple-hour charging scheme.
AVMÔÇÖs EV27 saves operators as much as 50% in overall total cost of
ownership due to reduced maintenance, fuel and other costs and provides
greater reliability and longevity. Plus, the EV27 affords a quiet,
zero-emission solution for neighborhoods, urban areas, and anywhere else
air and noise pollution are concerns. The EV27ÔÇÖs unprecedented
value equation enables operators to switch to an all-electric solution
better aligned with green initiatives and environmental mandates.

ÔÇ£With the debut of the EV27, AVM is making electric-powered commercial
shuttles practical as well as truly desirable,ÔÇØ says Larry Brennan, CEO
of AVM. ÔÇ£With such a competitive pricing model, short charge-time and
proven technology, weÔÇÖve removed any remaining deterrents. Moving from
traditional combustion-power to 100% electric is finally not just an
environmental consideration ÔÇö itÔÇÖs the smart business decision.ÔÇØ

Every AVM vehicle connects to AVMÔÇÖs real-time, cloud-based ÔÇ£smartÔÇØ
technology. Operators can select and customize ridership experience with
features such as USB charging and Wi-Fi, fleet management, navigation,
route optimization, and unparalleled, remote-access, data-collection
opportunities.

A portfolio company of the Los
Angeles Cleantech Incubator (LACI)
, AVM has commitments
from launch customers in the U.S. and abroad for more than 250 vehicles.
AVM is continuing the momentum of the EV27 launch and will be rolling
out a full range of additional commercial electric vehicles including
vans, transit buses, school buses, and tour coaches, in a variety of
lengths and capacities. For more information, visit www.avmfg.com.

About AVM
Headquartered in Los Angeles, Advanced Vehicle
Manufacturing (AVM) is the first company to make electric-powered
commercial vehicles the preferred solution for short-range routes. AVM
provides 100% electric, zero-emission, smart commercial vehicles that
can charge in less than ten minutes. Its unsurpassed battery life,
powerful 350 kW CCS 2.0 charging station, and competitive overall
pricing creates an irresistible value equation for operators. Along with
its key partners, Yinlong,
Wamar
and Havenrock,
AVM is disrupting the commercial electric vehicle industry. www.avmfg.com.

Contacts

Crier Communications
JP Lincoln, 310-274-1072 x 201
[email protected]

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